debt
confidence high
sentiment neutral
materiality 0.60
Walker & Dunlop prices $400M 6.625% senior notes due 2033
Walker & Dunlop, Inc.
- $400M aggregate principal at 6.625% interest due 2033, issued at par.
- Closing expected March 14, 2025; proceeds to repay existing senior secured term loan.
- Notes guaranteed by certain subsidiaries; offered via Rule 144A/Reg S private placement.
- Proceeds also cover fees and expenses and general corporate purposes.